” reflecting the Company's successful strategy and future potential. 2017 Performance Analysis The Company achieved its highest-ever EBITDA of $ 1.004 billion in 2017, and achieved a 30% core EBITDA growth vis-à

, AIS’ core service revenue dropped -3.2%YoY, while EBITDA (pre-TFRS16) still maintained growth of 1.8% with 45.5% EBITDA margin and NPAT decreased -7.1%. For FY20, our core service revenue and EBITDA

growth in sales of dessert cafés, which accounts for the largest share of revenue. The growth in sales of dessert cafés was mainly due to the improving COVID-19 situation, as a result more customers are

increase was mainly due to (1) increased number of branches, (2) the positive same-store-sales growth during 2017 and (3) the increased sales of raw material to franchisees. Revenue from franchise fees

of THB 375.9 Mn or 21.3% and was mainly due to (1) increased number of branches, (2) the positive same-store-sales growth and (3) the increased sales of raw material to franchisees. Franchise fees

by 1.7% or Baht 113 million from the fiscal year 2017. Although overall Thailand economic was still stagnant, the company performed better than market by new restaurant outlets expansion. Cost of Sales

than in 2017 which mainly supported by acceleration of global economy growth. Moreover, expansion in private consumption, export growth, and private investment from last year was due to higher consumer

from 2.3% in the second quarter of 2019, mainly driven by expansion of private consumption, government spending and tourism sector. Meanwhile, exports sector continued to contract caused by uncertainty

strategic partnership for Enterprise and VDO content In 2Q21, we formed two important partnerships. (1) Microsoft strategic partnership is part of our growth strategy in cloud service by bringing in global

and separately presented under share of gain (loss) from investment in joint venture. Hotel business recorded a revenue growth of 9% YoY due to stronger performance of Phi Phi Village after completion